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,661 an ounce. joe. >> thank you. lawmakers are continuing fiscal cliff discussions this morning. let's get to john harwood with an update. i have now am viewing the ball falling tonight. if there is not a deal -- and i don't know, you're going to tell us what the chances are, but that gives a whole new meaning as that's coming down. we hit the cliff when that -- >> that would be the bottom of the cliff. >> this is the first time ever when it's more than just ushering in a new year, but it would usher in serious fiscal head winds. >> it would, but there's still a chance this is going to work. >> have you talked to anyone this morning? >> i did. i got a message this morning on my blackberry about ten minutes ago from our senate republican source who said talks with biden were good last night. they went late. that is a promising sign that there is still a chance. they didn't break down, but there's still a chance that biden and mcconnell can come out with some sort of a deal, maybe the income threshold would be $400,000, maybe it would be $500,000, but it looks possible that they're going to
. >>> okay, coming up, deal or no deal? that's the question. we're going to talk fiscal cliff expectations and what d.c. negotiations could mean for the final few trading days of 2012 when we return. [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. it's another reason more investors are saying... and you wouldn't have it any other way.e. but your erectile dysfunction - you know, that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently.
be talking cliff even on monday. >> thanks. >> coming up, businesses bracing for the fiscal cliff. we'll ask chairman and ceo thomas fanning if the deal is possible and how his company is preparing for the cliff. >> still ahead, as we approach the fiscal cliff, hopes for a debt deal are fading. we'll talk to strategists from both parties about how to prevent disaster, and what happens if we go over the cliff. judd gregg and julie epstein will join us at the top of the hour. you won't take my life. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we haven't had a reported case in 12 years. aids is strong. aids is strong. but we are stronger. and aids... ♪ aids is going to lose. aids is going to lose. ♪ with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at you
a thims up umbs up f. >> alexander, thank you. she's focused on the fiscal cliff while many are worried about a year-end sell-off which i think you've argued is already happening a bit. >> definitely. >> so where are we? >> in the last couple of weeks, muni yields have risen. it's start to go change. but what happens is that the latest round of the proposals not only had this 28% deduction, but it would be retroactive. so all mini bonds outstanding, which would be a sacred cow that you would never touch. throwing the market into real turmoil. >> and so what's your sense right now, in terms of what's on the table, what's not on the table? >> exactly. if there were a table right now, i think people are probably getting away from the idea that there would be this retroactive taxation, essentially. but it still is very, very likely that that 28% cap on deductions will include municipal bonds. >> and joe asked the right question off camera. this is setting up a right fight between the states and federal government. >> yes. we would prefer to sell tax exempt funds when we preferred not to hav
Search Results 0 to 3 of about 4